The real estate industry is one of the most lucrative industries in the world. While other business sectors tend to buckle and reel from various economic recession and turmoil, real estate has remained strong and manages to deal with the damage that downtime has been giving most of the world.
Young and aspiring agents and companies should never lose hope in these trying times especially since these circumstances have effectively changed the lives of several men who made it really big and became overnight millionaires through this industry.
These brave men should be the main reason why people involved in real estate should never give up and always look for something to smile about. Remember, these guys didn’t start in the business as rich, rather they started with only a few dollars in hand plus a dream to make it big in the future.
Here are some of the more famous real estate tycoons:
Donald Trump – a famous celebrity both for his business ventures as well as from his no-nonsense take on things, Trump is the owner of a lot of institutions and businesses. He made it big with a lot of analytical and critical thinking as well as his take on the real estate industry. One of his famous quotes regarding this business was: “Well, Real Estate is always good, as far as I’m concerned”. Trump used his business savvy to help turn the tide of recession and gain from it while others were tumbling down. Donald Trump also owns a lot of casinos and hotel chains in various states in the US.
Sam Zell – Sam Zell was responsible for getting more land at fire-sale price and as such managed to fund and starts his own estate empire later in life. Zell is also the chairman of the Equity Group Investments or better known as EGIZell. While plagued with several controversies, Zell’s great leadership and business skills continued to move the company forward as well as inspire others to take up similar work. Zell also has an estimated net worth of more than $ 6 billion making him a very important man.
Stanley Ho – one of the richest Asian tycoon for this business, the Hong Kong based tycoon has made it big in the world of real estate thanks to his investments in various business ventures as well as casinos in Macau.
Conrad Hilton – Another tycoon who also moonlights as a philanthropist. Hilton became a real estate tycoon shortly after getting the Hilton Hotel chains from the ground up. Hilton is motivated with the principles that charity was a basic proponent for humanity.
These people are some of the most brilliant people in the industry. Real estate magnates and tycoons share the same basic principles for business and that is what people should try to find out or even emulate. Be warned though, these men might share the same vision and ideals about running their business but they have taken different paths in order to get where they are.